Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Finance & Capital Markets
Kennedy Funding closes $4.2 million land loan to major flower distributor in Ecuador

Kennedy Funding has expanded to Ecuador with a newly closed, $4.15 million land loan to a family-owned flower distributor just south of the country’s capital.

Office
Inspiring innovation: Sanofi unveils vibrant new flagship office at Morristown’s M Station

Sanofi welcomed Gov. Phil Murphy and other public officials on Thursday to showcase its new 260,000-square-foot flagship office at Morristown’s M Station campus, the result of a $130 million investment to help the global health care company attract and retain talent.

Education
Remembering Joe Nicholson, ‘tireless’ and passionate leader of Montclair State real estate program

The state’s commercial real estate community is grieving the loss of Joseph Nicholson, a popular Montclair State University professor who became a familiar face in the industry as he built the school’s real estate program over more than a decade.

Retail
Fleet Feet inks five-year, 2,300 sq. ft. lease in downtown Somerville, Deluccia says

Running shoe store Fleet Feet has taken 2,300 square feet of retail space in downtown Somerville, in a deal arranged by Deluccia Commercial Group.

Professional Services
Ericksen earns SIOR designation, joining 13 other NAI Hanson brokers

Industrial broker William Ericksen of NAI James E. Hanson has earned the coveted SIOR designation, becoming the latest member of the firm to join the global professional network.

Professional Services
Inside Wiss’ growth beyond a traditional accounting firm — with an office to match

Wiss has more than doubled its physical footprint in recent years, supporting a growing platform of business advisory services for many of New Jersey’s top developers and other clients.

Residential & Mixed Use
Sena, Cortell launch $124 million rehab of 304-unit Trenton affordable housing property

A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.

Industrial
ECA plans industrial, sports facility in Plainfield after property sale by Blau & Berg

The site of a long-vacant building in Plainfield will soon be revitalized as more than 120,000 square feet of new warehouse, flex industrial and sports and recreation space.

Events
Monmouth’s Kislak Institute to honor Onyx Equities, Wilcox at annual awards dinner

Hundreds of commercial real estate leaders will descend on Monmouth University next week as the school’s Kislak Real Estate Institute honors Onyx Equities and Gretchen Wilcox, the pioneering mortgage banker and founder of G.S. Wilcox & Co.

Residential & Mixed Use
Kislak brokers sale of 28-unit Belleville rental property to longtime client

A seven-building, 28-unit apartment property in Belleville has changed hands for $4.7 million, in a newly announced deal by The Kislak Co. Inc.